Post by account_disabled on Mar 14, 2024 8:38:40 GMT
When the reason for correction is secondary and arises at a later date such as granting a post-transaction discount, the correction shall be continued to be resolved i.e. the above rules do not originate from VAT law. Therefore, the risk of a change in the position of the tax authorities on this matter cannot be ruled out. This situation occurred a few years ago in the opinion of the tax authorities regarding the moment of correction of the recognition of income tax revenue. Furthermore, not all concerns have been addressed.
In particular when the correction is due to a cause that occurred after the issuance of the original invoice it is not entirely clear whether the increase in the tax base and tax payable should occur in the period in AWB Directory which the cause of correction itself occurred or whether the correction period also depends on the date of issuance of the invoice. The meager value-added tax brought regulation on the matter. The additions from the article Article 1 of the Value Added Tax Law to the new Chapter 1 and the supplementary.
Conversion needs to be based on the average exchange rate for the specific foreign currency published by the National Bank of Poland on the last business day before the tax date. The last business day before the tax liability arises or before the invoice issuance date when the invoice is issued. Alternatively, the taxpayer may choose to use the latest exchange rate published by the European Central Bank relative to the date of tax liability or the date of invoice issuance instead of the average exchange rate of the National Bank of Poland. The definition of foreign currency exchange rules specified for goods and services tax purposes differs from the principles.
In particular when the correction is due to a cause that occurred after the issuance of the original invoice it is not entirely clear whether the increase in the tax base and tax payable should occur in the period in AWB Directory which the cause of correction itself occurred or whether the correction period also depends on the date of issuance of the invoice. The meager value-added tax brought regulation on the matter. The additions from the article Article 1 of the Value Added Tax Law to the new Chapter 1 and the supplementary.
Conversion needs to be based on the average exchange rate for the specific foreign currency published by the National Bank of Poland on the last business day before the tax date. The last business day before the tax liability arises or before the invoice issuance date when the invoice is issued. Alternatively, the taxpayer may choose to use the latest exchange rate published by the European Central Bank relative to the date of tax liability or the date of invoice issuance instead of the average exchange rate of the National Bank of Poland. The definition of foreign currency exchange rules specified for goods and services tax purposes differs from the principles.